Kakao today announced that it partnered with Huace Group, China’s number one comprehensive film and TV media group, to bring five of its popular Daum Webtoon titles to the screens in China. Kakao and Huace group signed deals for four of its webtoons, with one additional title to follow imminently. Daum Webtoon is Kakao’s web comic platform which first introduced the concept and format of ‘webtoons’ in 2003. Since then, it has…

Ylab is a Korean webtoon developer and is the creative force behind popular titles such as ‘Fashion King’, ‘Josun Dynasty’ and ‘Abyss of the Sky’.  Recently, Value Investment Korea made an investment of US$2.5m into Ylab.  This investment has been confirmed by representative from both companies.   Ylab was founded by webtoon author Yoon In Hwan who published ‘Blade of the Phantom Master’ which amassed more than 6 million views.  Within the first…